Round all dollar amounts to the nearest dollar. Zelda Inc., a calendar-year company, pays its employees every other Friday. Zelda's employees earn $526,000 for each ten-day pay period ($52,600 per day) Assuming December 31, 2025 falls on a Wednesday and the pay period began on Monday, December 29, what is the balance in Salaries Payable on December 31, 2025?

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Solution To determine the balance in Salaries Payable on December 31 2025 we ... View the full answer